NU Online News Service, May 29, 12:46 p.m. EDT
Insured losses are expected to be minimal after a 7.1 magnitude earthquake struck off the coast of Honduras early yesterday morning, according to AIR Worldwide.
The Boston, Mass., risk modeling firm said insurers will largely be spared because the quake occurred well offshore and the majority of affected properties are not insured against earthquake risk.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
